India Mirna Sequencing And Assay Market Size & Outlook
India mirna sequencing and assay market, 2018-2030 (US$M)
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India mirna sequencing and assay market highlights
- The India mirna sequencing and assay market generated a revenue of USD 10.4 million in 2023 and is expected to reach USD 29.1 million by 2030.
- The India market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Mirna sequencing and assay market data book summary
| Market revenue in 2023 | USD 10.4 million |
| Market revenue in 2030 | USD 29.1 million |
| Growth rate | 15.9% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Qiagen NV, Abcam PLC, Takara Bio Inc, Revvity Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, HTG Molecular Diagnostics Inc, Meridian Bioscience, New England Biolabs, Norgen Biotek, System Biosciences, Amoy Diagnostics, EntroGen |
Other key industry trends
- In terms of revenue, India accounted for 3.0% of the global mirna sequencing and assay market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mirna sequencing and assay market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.1 million by 2030.
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MiRNA Sequencing And Assay Market Scope
MiRNA Sequencing And Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
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India mirna sequencing and assay market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mirna sequencing and assay market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 80.77% in 2023. Horizon Databook has segmented the India mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the miRNA sequencing and assay market are likely to show great potential in the future owing to presence of global players through their subsidiaries and focus of government & nongovernment organizations to spread awareness about miRNA sequencing among end users.
For instance, the National Centre for Biological Sciences (NCBS) is a professional body involved in promoting, encouraging, and developing biology-based studies. The primary objective of NCBS is to create and share knowledge between students, research fellows, and post-doctoral fellows.
In addition, the well-distributed network of key players in India is leading to higher and faster adoption of the miRNA sequencing techniques. This factor along with the demand for better-advanced instruments and kits renders the future outlook of miRNA sequencing and assay market very promising & attractive in the country.
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Target buyers of India mirna sequencing and assay market databook
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Our clientele includes a mix of mirna sequencing and assay market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India mirna sequencing and assay market , including forecasts for subscribers. This country databook contains high-level insights into India mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India mirna sequencing and assay market size, by product & service, 2018-2030 (US$M)
India MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)
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